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Message: WTM Share Price Moves UP 10% - WHY?

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tothegoldrush

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Re: WTM Share Price Moves UP 10% - WHY?

in response to WTM Share Price Moves UP 10% - WHY? by Valueminer

posted on Aug 23, 09 09:34AM

They are due to release new drill results near the end of the month. This stock is really being hyped as a take over taget by a lot of analysts (with most of their funds down 40% plus how can you believe them) but the land package they have is all in the high potential area. The take over price suggested is anywhere from $3.50 to $5.00. If the next drill results show promise this will really take off. The number of outstanding shares is low. I have noticed on BNN even the fund managers that don't normally get involved in these speculative plays are jumping on the band wagon on this.

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